Question
A sum of ₹ x amounts to ₹ 4,050 in 1 year and to ₹
4,723.92 in 3 years at compound interest, when the interest is compounded annually, at a certain rate percentage per annum. What will be the simple interest on the same sum at the rate for 4( 2/5) years?Solution
Given that: x(1 + r/100) = 4050 -----------(1) x(1 + r/100)3 = 4723.92---------------(2) Dividing eqn 2 by 1, we get (1 + r/100)2 = 4723.92/4050 (1 + r/100)2 = 11664/10000 (1 + r/100) = 108/100 (1 + r/100) = 1+ 8/100 therefore, r = 8% also, x(1 + r/100) = 4050 x = 4050 × 100/108 = 3750 SI = (3750 × 8 × 22)/(100 × 100) = Rs. 1320
In October 2016, FSSAI operationalized the Food Safety and Standards (Fortification of
Foods) Regulations, 2016 for fortifying staples. Which o...
Which of the following is not matched correctly?
Vinegar is
Which of the three geographic races of rice has tall stature, weak stem, droopy leaves, low productivity and irresponsive to high inputs?
Which one the following sets shows the correct soil order in sequence of increasing age?
Which of the following is a dual-purpose breed of cattle, known for both milk production and work utility?
Component of protein and chlorophyll, required in amino acid formation
What is the absorption of ions in plants occurring with the aid of metabolic energy called?
In CRD design the degree of freedom for error is calculated by which formula?
In case, my product does not confirm with product standards specified by FSSAI, but a combination of various standardized product, do I need to apply ...
